Swap walutowo-procentowy w transakcjach zabezpieczających
Currency and Interest Rate Swap in hedging
Author(s): Paweł WawrzyniakSubject(s): National Economy, Business Economy / Management, Financial Markets, Accounting - Business Administration
Published by: Wyższa Szkoła Informatyki i Zarządzania z siedzibą w Rzeszowie
Keywords: currency and interest rate swap; CIRS; currency risk; interest rate risk; cash flow management; financial derivatives; corporate finance;
Summary/Abstract: This article is dedicated to a currency and interest rate swap (CIRS). The transaction is not common on the Polish market. However, it is worth attention as it is a perfect solution for enterprises to build a sound structure of a cash flow. The article presents main areas of the application of CIRS; the reduction of the financial charge to an enterprise thanks to the exchange of the currency of a credit and the reduced currency risk. The article also describes CIRS market in Poland and presents the best known examples of the use of the swap by Polish enterprises.
Journal: Financial Internet Quarterly
- Issue Year: 3/2007
- Issue No: 2
- Page Range: 1-10
- Page Count: 10
- Language: Polish
